This article coaches you on how to check your CRB status online.
The Credit Referencing Bureau (CRB) is a very important agency affiliated with the finance sector in Kenya. The Agency gathers information concerning money lending and repayment from different financial institutions and avails it on various databases for reference by other lenders and users.
Having a low credit score simply means that you are fond of defaulting loans and no financial institution can lead you a loan unless you repay your pending loans. It also ruins your overall credit reputation; some money lending firms may fail to award you a loan even after CRB clearance due to lack of trust.
On the other hand, a good credit score means that you have a positive history of loan repayment, and no lender would doubt awarding you a loan. Most, if not all lenders usually check your credit score to determine whether to award you a loan or not.
Therefore, it’s important to be wary of your credit score whenever applying for a loan, whether a large or a small amount. This psychologically prepares you for a negative or positive response from your potential lender depending on your credit score.
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So how do you know if you are blacklisted on CRB in Kenya? There are various ways you can check your CRB rating, this includes the use of services offered by financial and business consultancy firms such as Metropol, Transunion, and CreditInfo. CRB status can also be accessed through mobile USSD code, which is the easiest method.
How to check CRB Status via USSD code.
This is the easiest way to check your CRB status especially if you want to avoid the long procedures using mobile apps or logging into websites. This method is highly recommendable for those who cannot access the internet via smartphones or desktops as it can be used on any device.
Keep in mind that your acceptance to use this method is subject to a charge of Ksh 100. Follow these steps to check your CRB rating:
1. On your Mobile phone, navigate to the Dialpad section
2. Make sure you are using a Safaricom sim card
3. Dial the code *433# and press the call button
4. Enter your legal National ID number
5. Feed in the requested agent code as 222000
6. Confirm that all your details are correct
7. Now its time to make payments, navigate to the M-PESA section to make a payment
8. Go to Lipa Na M-PESA, select Pay Bill, and key in 220388 as the Pay Bill number
9. Feed your ID number as the account number
10. Enter Ksh 100 as the amount
11. Key in your M-PESA pin and press send.
If the transaction was successful; you should receive a message from M-PESA as well as the CRB, detailing your credit score within a few seconds.
How to check CRB Status via Metropol.
Metropol is a business information and credit management firm operating in Kenya since 1996. The firm is licensed by the Central Bank of Kenya to provide CRB services to all financial institutions in the country.
To check CRB status, follow these steps:
Use Metropol Website
Log in or sign up to the official Metropol website via a browser such as chrome, and key in the registration details required. Follow the other directions to check your status from the website.
Use Metropol App.
Navigate to google play store or App Store, download the official Metropol App and install it. Upon launching the app, follow the outlined registration steps to complete your registration and finally, check your CRB status.